Excellent development and investment opportunity in a prime Newton location. This well-situated property is conveniently located near King George Boulevard, Newton Wave Pool, public transit, schools, library, fitness centres, banks, and shopping amenities. The home features three basement suites, offering strong mortgage-helper income and excellent cash flow potential. Ideal for investors looking to rent the entire property, or for homeowners seeking to live upstairs while generating rental income from the basement suites. The property also presents future low-rise development potential, subject to coordinated development with neighboring properties. Buyer or Buyer’s Agent to verify all development potential with the City of Surrey.
Data was last updated February 24, 2026 at 05:40 PM (UTC)
Area Statistics
Listings on market:
240
Avg list price:
$867,450
Min list price:
$200,000
Max list price:
$2,798,000
Avg days on market:
57
Min days on market:
1
Max days on market:
356
Avg price per sq.ft.:
$508.81
These statistics are generated based on the current listing's property type
and located in
West Newton. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.